Giving the rich tax breaks to "create jobs" is just as much "social engineering" as giving tax cuts to the poor. Just because you're giving the money to corporations and the rich doesn't mean it isn't welfare.
"tax cuts" to the poor, when it exceeds whatever their tax burden is to start with, is a handout. this is definitely wealth redistribution. the "rich" already pay the lion's share of the tax income to the gov't as it stands now. i don't have a problem with this, i believe the tax rate should be progressive, because $50 to someone making $200 a week feels a lot different than to someone making $2000 a week. but at the same time you can't demonize the successful in this country and take it too far - that's class warfare.
like someone else said...you never got a job from a poor person. the "rich corporations" aren't going to sit back and let their profit margins fall...they are going to pass the costs onto consumers, cut back (meaning less jobs), or take their business elsewhere. we need to give them incentive to keep their business right here, and profit is one of the best motivators there is. that's why ppl sacrifice and go to medical school, law school, learn trades, etc - to earn more $$$ which is the primary indicator of success. i don't understand why ppl don't get this.
Exactly. Companies, especially larger corporations, dont pay a single cent in taxes no matter how high you raise them. You, the consumer, pay their taxes as part of the product or service you buy from them. If taxes make up 10% of the cost of a product you buy then the manufacturer's taxes go up 10%, the price of the product rises by 1%, at least.
You aren't giving the rich anything at all - they are just keeping more of their own money. The government just takes less from them - the money that the rich already earned and own. The government is not giving them anything. It isn't welfare if they are not being given anything - instead they are keeping the money that they earned. This is how capitalism works.
Now, taking the money from those that earned it, and then giving it to those who did not earn it is called wealth redistribution, and is a cornerstone of socialism. That is how you create a true welfare state, complete with those that live on the meager subsitance that the government gives them.
While I have no problem with giving someone a foothold to build their life from, do you really think that the government should be giving people so much that they become comfortable with not working? I suggest that you research Seebohm Rowntree's 1910 study on poverty in York, England. If you want the short story from it, watch "A Life Without Work" on BBC.
"Racing is life. Anything before or after is just waiting." - Steve McQueen